2328 2nd Ave, San Diego, CA 92101

Property Description

A rare Spanish Revival fourplex in the heart of Bankers Hill, 2328 2nd Ave combines timeless architectural character, an exceptional central location, and compelling long-term investment potential. The property consists of four residences: two spacious 2-bedroom, 1-bath units upstairs with private balconies and two 1-bedroom, 1-bath units downstairs. One of the upper residences enjoys beautiful ocean and city views, adding to the property’s unique appeal. Classic Spanish details are complemented by thoughtful updates throughout the building. Select units have been tastefully remodeled with engineered hardwood flooring, designer kitchens, modern fixtures, and updated finishes, while the remaining residences have been well maintained and retain their original charm. Each unit also benefits from its own dedicated washer and dryer room, providing added convenience for residents. Additional highlights include a newer roof, a large driveway with ample off-street parking, and a generous backyard offering excellent potential for outdoor living and entertaining. The property may also provide future upside through additional density, ADUs, or redevelopment possibilities, allowing a new owner to explore ways to further enhance the site. Positioned just moments from Balboa Park, Little Italy, Downtown, the airport, and many of San Diego’s best restaurants, cafés, and neighborhood destinations, the location offers an outstanding urban lifestyle with exceptional accessibility. Whether envisioned as an owner-occupied investment, multi-residence property, or fully leased income-producing asset, 2328 2nd Ave presents a unique opportunity to own a distinctive piece of Bankers Hill.